NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of eHealth, Inc. (NASDAQ: EHTH) resulting from allegations that eHealth may have issued materially misleading business information to the investing public.
On April 8, 2020, Muddy Waters Research released a report alleging that eHealth’s “highly aggressive accounting masks what we believe is a significantly unprofitable business.” Muddy Waters also alleged that the Company “misleadingly downplay[ed] the need for ongoing service and retention.”
On this news, the Company’s stock price fell sharply during intraday trading on April 8, 2020.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by eHealth investors. If you purchased shares of eHealth please visit the firm’s website at http://www.rosenlegal.com/cases-register-1835.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at email@example.com or firstname.lastname@example.org.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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